The Principal notification was published in the Gazette of India, Extraordinary, vide notification no.36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S.O.748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No.40/2006-Customs (N.T), dated, the 31st March, 2006 (S.O.467 (E) 31st March 2006).
The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R. 118(E), dated the 1st March, 2002 and was last amended by notification No. 28/2006-Customs, dated the 20th March, 2006 which was published in the Gazette of India, Extraordinary vide number G.S.R.167(E), dated the 20th March, 2006.
Further in respect of Government Departments and Public Sector Undertakings the requirement of furnishing cash security was also waived under project imports as per Board’s circular No.89/95 dated 9.8.95.